Briefing.com view. For what it is worth. Sometimes this outfit has good reporting and ideas, other times not. For info:
13:53 ET ******
(Daytrader) : Momentum theme du jour: B2B. As visibility has improved over the past 6-8 months, B2B (business-to-business) stocks have supplanted B2C (business-to-consumer) as the vehicle of choice for participation in the e-commerce explosion. These market newcomers are where the B2C companies were 18-months ago -- logging triple/quadruple digit growth and possessing modest relative valuations and nimble stocks (i.e. small floats)... Briefing.com began following this group in April of last year, when we highlighted BroadVision Inc (BVSN 115 15/32 +9 19/32) in the "Undiscovered Internet Stocks" Series (see Story). BVSN shares have soared 500% since our first report... We followed up that piece in July of this year with a discussion of the e-commerce market opportunity and several of the companies addressing it (see story)... Today, BVSN, along with several recent initial public offerings, being bid up on heels of bullish comments by Goldman Sachs. The firm is bedazzling investors with major study on the B2B sector. In report, Goldman estimates that the B2B market in the U.S. will grow to approx. $1.5 trillion by 2004, from just $39 billion in 1998. The quantification of the opportunity in the B2B space has ignited a wave of buying in sector stocks, the majority of which have IPO'd this year. Benefitting from the report are names like Commerce One (CMRC 95 3/8 +15 1/8), Ariba (ARBA 132 +8 5/8), VerticalNet (VERT 327 1/4 +3 7/16), PurchasePro.com (PPRO 25 5/8 +1 5/8) and BroadVision (BVSN 15 15/32 +9 19/32)... According to Goldman, the industries most likely to embrace B2B solutions are: Computer Hardware and Software; Aerospace/Defence; Electronics; Chemicals; Motor Vehicles and Parts; and Medical Equipment and Transport... Companies Goldman Sachs expects to be biggest beneficiaries of B2B e-commerce include the aforementioned Ariba Inc (ARBA) and VerticalNet (VERT), along with software giants Oracle Corp (ORCL) and SAP AG (SAP). E-healthcare services company Healtheon also made the list. - D
Cha2 |
